How many budget is needed to start a groundnut oil production business in Nigeria?

Many customers from Nigeria often ask how many budget is needed to start a groundnut oil production business in Nigeria. Actually, the cost of seting up a groundnut oil production plant depends on many factors, such as the cost of raw meterials, the cost of land, the cost of buying the machines, the cost of installation, etc.

As a cooking oil machine manufacturer, Henan Doing Company can only tell you the cost of buying groundnut oil production machines varies from the input capacity and the processing technology you choosed. That means different configurations have different price, so you need tell us your choice.

Groundnut oil production is through processing groundnut seeds to get crude groundnut oil or refined groundnut oil. If you want to get refined groundnut oil, you need complete groundnut oil production line, which contains three workshops.

1. Groundnut pretreatment and oil pressing plant

2. Groundnut oil solvent extraction plant

3. Groundnut oil refining plant

Groundnut oil pressing machine

In addition, the cost of Henan Doing Company's groundnut oil production machines will be the most reasonable, as we are manufacturer. What's more, you can choose the configuration of these machine. For example, where there is electricity, the machine can be powered using electric motor and where there is no electricity, you can use diesel engine. Their prices are different, too. Or different input capacities have different costs. You can read the bellow articals.

[Related reading: 1-5tpd small scale groundnut oil mill plant, 120tpd large scale groundnut oil processing plant]

You'd better buy high quality groundnut oi production machine from professional manufacturers, like Henan Doing Company, we can provide best after-service of installation and commissioning your machines to produce good quality groundnut oil.

If you really want to start a groundnut oil production business in Nigeria, you can see the profit analysis bellow.

Take an example, 1 ton of groundnut seed produces an average of 500kg of groundnut oil, 420Kg of groundnut cake, and 40Kg of groundnut sludge. So if you process 1 ton of groundnut seeds per day, you are likely to get an average of N16,000 profit after selling, which is realizable per day. That translates to N448,000 per month.

Groundnut seeds cleaning machine

It should be noted that there is a ban placed on the importation of vegetable oil into Nigeria, so Nigerian government encourages local investors to go into vegetable oil production industry. Given that at the present vegetable oil production level doesn't meet the demand of Nigerian people, to set up a groundnut oil production plant in Nigeria is a wisdom choice.

You get dealers paying in advance for your products the moment you start production. Study shows that over 80% of the populace of Nigeria consume use vegetable oil and its products. If you want to invest the groundnut oil production business, Henan Doing Company can provid more detailed information and technical assistance to you in setting up the project.

Groundnut oil refining plant

Weclome to contact us, and our engineer will give you a professional solution and feasibility program on groundnut oil production plant.

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